Presstek, Inc. (PRST) Posts Q3 Loss of $0.15, Offers Q4 Outlook
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Financial Fact:
Provision (benefit) for income taxes: 50K
Today's EPS Names:
SVBT, ZEO, OTLK, More
Financial Fact:
Provision (benefit) for income taxes: 50K
Today's EPS Names:
SVBT, ZEO, OTLK, More
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Presstek, Inc. (NASDAQ: PRST) reported Q3 EPS of ($0.15), $0.10 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $26.9 million versus the consensus estimate of $30.7 million.
The Company expects fourth quarter 2011 revenue and gross margin dollars to remain relatively stable on a sequential basis, as a seasonal drop in consumables along with the impact on margins of continued low factory volume levels is expected to be offset by higher equipment revenue at improved margins. I
The Company expects fourth quarter 2011 revenue and gross margin dollars to remain relatively stable on a sequential basis, as a seasonal drop in consumables along with the impact on margins of continued low factory volume levels is expected to be offset by higher equipment revenue at improved margins. I
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